Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin The Best Safe-haven In The Wake of Financial Crisis?
by
cr1776
on 26/02/2020, 22:55:05 UTC
In September 2019, Gallup released a poll in which 49% of Americans believe the U.S. economy would fall into recession, 9% higher than the one polled before the 2008 financial crisis.
what some statistics tell you people believe doesn't matter. 100% of them could believe something happen and that thing can still not happen or vice versa.

Quote
However, as Bitcoin transactions become increasingly dependent on centralized exchanges, some regions set limitation on Bitcoin transactions by controlling exchange platforms.
that is not true at all. bitcoin transactions have never been dependent on centralized exchanges and will never be. bitcoin remains the same decentralized currency that doesn't need any third party to be "transferred". nowadays people choose centralized exchanges to trade bitcoin and dump their fiat for bitcoin but the transactions still remain independent.

Quote
Vollar is the only circulating medium in VDS ecosystem.
just another garbage altcoin

Exactly this.  Just because 8000 years ago 100% of people believed the earth was flat, did make it so.  Just because 1000 years ago everyone believed "heavier than air flight was impossible" didn't make it true.  Statistics about people's beliefs do not change any facts.  Just as in September 2019 if 49% of people think a recession will occur with 6 months (for example) doesn't mean it will.  

As he said, bitcoin transactions NEVER depend on an exchange.  Sure if you want to purchase bitcoin, one may need an exchange.

Is it a safe haven?  Certainly more so than fiat.

Just a bunch of nonsense.